Chilime Hydropower profit decline by 12.47% in Q2; Interest income rises by 32.52% and has invested Rs 5.94 arba in associates
Mon, Feb 10, 2020 8:04 AM on Financial Analysis, Stock Market,
Chilime Hydropower Company Limited (CHCL) has published the unaudited second quarter report for FY 76/77 today. As per the report, the net profit of the company has decline by 12.47% to Rs 39.66 crore from Rs 45.31 crore in the corresponding quarter of last fiscal year.
The company’s paid-up capital remains at Rs 5.70 arba. Similarly, the company has Rs 3.94 arba as retained earnings.
The investment in term deposits which were previously worth Rs 1.16 arba have increased by almost 35.35% to Rs 1.57 arba by the end of the second quarter and the company has invested Rs 5.94 arba in its associates companies.
The revenue from the sale of electricity decline by 0.90% and currently stand at Rs 61.86 crore. The company royalty expenses rise by 14.19% to Rs 8.39 crore and earn Rs 7.35 crore from bank interest.
In the second quarter; CHCL annualized EPS stands at Rs 13.89 and net worth per share is Rs 169.07. The quarter end P/E ratio is 30.59 times.
Chilime Hydropower proposes 25% dividend; Book Closure on Kartik 27, 2076 and its dividend is already endorsed by AGM and adjusted in published Q2 report.
Major Highlights:
Particulars (Rs in 000) |
Chilime Hydropower |
||
---|---|---|---|
Q2 2076/77 |
Q2 2075/76 |
Difference |
|
Paid Up Capital |
5,709,763.00 |
4,758,136.00 |
20.00% |
Retained Earnings |
3,943,709.00 |
4,420,182.00 |
-10.78% |
Property, Plant and Equipment |
1,787,676.00 |
1,849,950.00 |
-3.37% |
Investment in associates |
5,941,752.00 |
5,924,601.00 |
0.29% |
Investment in Term Deposits |
1,571,161.00 |
1,160,774.00 |
35.35% |
Cash and Cash Equivalents |
176,197.00 |
161,730.00 |
8.95% |
Sale of Electricity |
618,663.00 |
624,252.00 |
-0.90% |
Hydro Electric Plant Operating Exp. |
38,179.00 |
14,741.00 |
159.00% |
Royalty |
83,966.00 |
73,529.00 |
14.19% |
Finance Income |
73,567.00 |
55,514.00 |
32.52% |
Depreciation |
31,834.00 |
35,131.00 |
-9.38% |
Operating Profit |
436,514.00 |
483,027.00 |
-9.63% |
Tax |
103,779.00 |
75,000.00 |
38.37% |
Net Profit |
396,639.00 |
453,154.00 |
-12.47% |
Annualized EPS (In Rs.) |
13.89 |
19.05 |
-27.06% |
Net Worth per Share (In Rs.) |
169.07 |
192.90 |
-12.35% |
P/E Ratio |
30.59 |
34.86 |
-12.25% |
Qtr End Market Price |
425 |
|
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